Less than 5 days until EGEM Halving
As of Block #10,000,001 EGEM will enter ERA 4 out of 6.
As EGEM has a targeted block time of 11 seconds, making transactions more than 10% faster than Ethereum this puts block #10,000,001 at an estimated date of 10th March 2022 at 10:50am UTC
Entering ERA 4 means that once again EGEM rewards will be reduced by 50% for miners, Quarrynode holders and Dev Fee.
The breakdown of minted rewards is below:
Miners — 0.5 EGEM per block
Nodes — 0.5 EGEM per block
Dev Fee — 0.25 EGEM per block
ERA 5 will take place at block #12,500,000, approximately 318 days after the beginning of ERA 4
If you have any questions about EGEM, our development or are looking to host your applications on our chain you can contact the developers via the below links: